Weekly N. American rig count rises 52

Baker Hughes tallies total count at 1,530

By

AugustCole

SAN FRANCISCO (CBS.MW) -- The number of rigs drilling for oil and gas in North America rose by 52 over last week to 1,530, according to a weekly update on Friday from oil services company Baker Hughes.

Baker Hughes
BHI, -1.64%
said that the number of North American rigs actively drilling for oil rose 2 over last week and by 17 over last year to 165 rigs while the number drilling for gas rose 5 over last week and by 130 over last year to 1,073.

Over last year, North American rig count rose 127.

The U.S. rig count rose 7 to 1,239 from last week while Canadian rigs totaled 291, an increase of 45. U.S. rig count rose 144 over last year while Canadian rig count fell by 17.

U.S. offshore rigs fell by 6 from last week and by 18 from last year to 87.

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